a a) On September 1, 2018 Adam Enterprises declared a dividend of 55,600 to common stockholders on record on September 4, 2018. Record the journal entry associated with this transaction. The company uses the retained earnings method to record dividends. Do not enter dollar signs or commas in the input boxes, Debit Credit Date Account Title and Explanation Sep 1 Record dividend payable b) Record the journal entry when Adam Enterprises pays out the dividend on October 20, 2018 Date Account Title and Explanation Debit Credit Oct 20 Record payment of dividends declared on Sep 1